Last year, the total revenue for Home Style, a national restaurant chain, increased 5.25% over the previous year. If this trend were to continue, which expression could the company's chief financial officer use to approximate their monthly percent increase in revenue

The monthly increase of revenue is 0.4273%

Explanation:

given annual interest rate=5.25%

There are 12 months in a year

Dividing yearly interest rate to monthly interest rate,the equation will be

As %

Sove above equation,we will get

Monthly increase in revenue==0.4273%

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